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CA: Index Moves And Margin Outlook Will Shape A Measured Outlook

Update shared on 11 Dec 2025

Fair value Increased 1.93%
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AnalystConsensusTarget's Fair Value
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1Y
5.7%
7D
1.5%

Analysts have modestly raised their price target on Carrefour from €13.98 to €14.25, citing a lower perceived risk profile, slightly better long term margin potential, and only a small reduction in expected valuation multiples.

What's in the News

  • Board meeting scheduled for November 12, 2025, to consider and approve the resignations of Mr. Eduardo Rossi and Ms. Flavia Buarque de Almeida, both representatives of Peninsula on the Board of Directors (company filing)
  • Carrefour SA added to the Euronext 150 Index, potentially increasing visibility among institutional investors and index tracking funds (index announcement)
  • Carrefour SA removed from an unspecified index, signaling a rebalancing that may affect passive ownership and trading volumes (index announcement)

Valuation Changes

  • Fair Value: Raised slightly from €13.98 to €14.25 per share.
  • Discount Rate: Reduced modestly from 10.56% to approximately 10.00%, reflecting a lower perceived risk profile.
  • Revenue Growth: Revised down sharply from an expected 0.12% increase to a forecast decline of about 0.27%.
  • Net Profit Margin: Increased moderately from 1.03% to around 1.08%, indicating improved long term margin expectations.
  • Future P/E: Trimmed slightly from 17.66x to 17.35x, implying a marginally lower valuation multiple applied to earnings.

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